In 2023, Italy dominated the European export of rock-drilling or earth-boring tools, accounting for a significant share, with a year-on-year growth of 56.37%. Greece showed substantial growth with a 359.04% increase, while countries like Germany and France remained stable. Slovenia and Austria maintained low growth, whereas Poland faced a decline. Notable growth was seen in Sweden and Finland, while the Netherlands witnessed a complete drop in exports. Smaller nations like Cyprus demonstrated remarkable percentage growth despite smaller absolute values.
Future trends to watch include technological advancements in drilling equipment, fluctuating demand in global construction and mining sectors, and the potential for increased export activity from emerging European manufacturers. Additionally, geopolitical factors and trade policies could impact export dynamics across the continent.
Top countries in Export of Rock-Drilling or Earth-Boring Tools, Interchangeable Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 63.66 | 2023 | +323.26% | +56.37% | View data |
| 2 | 2 Germany | 14.92 | 2023 | View data | ||
| 3 | 3 Slovenia | 8.84 | 2023 | +3.57% | +2.93% | View data |
| 4 | 4 Greece | 6.41 | 2023 | +24.71% | +359.04% | View data |
| 5 | 5 Austria | 5.16 | 2023 | +4.4% | +1.9% | View data |
| 6 | 6 United Kingdom | 3.33 | 2023 | -2.36% | +3.37% | View data |
| 7 | 7 Poland | 3.04 | 2023 | -7.76% | -8.43% | View data |
| 8 | 8 Finland | 2.35 | 2023 | +12.99% | +21.19% | View data |
| 9 | 9 Spain | 2 | 2023 | +6.31% | -5.32% | View data |
| 10 | 10 Sweden | 1.32 | 2023 | +2.72% | +32.42% | View data |
